Profit and loss calculation: the foreign exchange trading platform automatically calculates the profit and loss of opening or closing positions, but it still needs to know the margin calculation method.
(1) Euro/USD, GBP/USD and AUD/USD transactions:
Profit and loss (USD) = (selling price-buying price) * contract face value * contract quantity.
(2) USD/JPY, USD/CHF and USD/CAD transactions:
Profit and loss (USD) = ((selling price-buying price) * contract face value * contract quantity)/closing price
Examples of foreign exchange transactions 1
Short the GBP/USD contract
The face value of a GBP/USD contract is 65,438+000,000, the bid spread is 3 points (the minimum change unit is 0.000 1), and the margin requirement for each contract is 750 USD.
The customer bought three lots at the price of 2.0 1 10, and this * * * requires a deposit of $2,250.
The price of GBP/USD fell to 1.4063 to close the position.
GBP/USD transactions:
Profit and loss (USD) = (selling price-buying price) * contract face value * contract quantity.
(2.0 1 10 - 1.4063)* 10 0000*3= 18 14 10
Example 2 of foreign exchange transaction
The face value of USD/JPY contracts is USD 65,438+USD 000,000, and the deposit for each contract is USD 500. The USD/JPY quotation is 88.30/33. When the customer sells 5 lots at 83.30, a deposit of USD 2,500 is required, and a contract deposit of USD 500 is required for each lot.
Then the customer closed the position at 76.39. The customer made a profit of 69 1 point (83.30-76.39) in the transaction.
USD/JPY, USD/CHF, USD/CAD transactions:
Profit and loss (USD) = ((selling price-buying price) * contract face value * contract quantity)/closing price
Profit: (83.30-76.39) *1*100000/76.39 = $9045.69 (per contract). * * * The total profit is USD 45,228.43 gross profit (USD 9,045.69 * 5 contracts).